TDS rate schedule sets source-wise withholding rates and prescribes certificate applications for no or lower deduction. A schedule of TDS rates sets withholding rates by payment type (salary, interest, dividends, contractors, rent, commission, professional fees, winnings, insurance commission, repurchase of units, compensation on acquisition and specified securities), noting differing treatment for residents, non-residents and foreign companies and specific cess and surcharge rules. Recipients may avoid or reduce deduction either by filing prescribed self-declarations or by applying to the tax authority via a certificate application that requires detailed particulars, income and tax computations, and payment-specific annexures and supporting documents.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
TDS rate schedule sets source-wise withholding rates and prescribes certificate applications for no or lower deduction.
A schedule of TDS rates sets withholding rates by payment type (salary, interest, dividends, contractors, rent, commission, professional fees, winnings, insurance commission, repurchase of units, compensation on acquisition and specified securities), noting differing treatment for residents, non-residents and foreign companies and specific cess and surcharge rules. Recipients may avoid or reduce deduction either by filing prescribed self-declarations or by applying to the tax authority via a certificate application that requires detailed particulars, income and tax computations, and payment-specific annexures and supporting documents.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
